# The National Health Service Pension Scheme (Additional Voluntary Contributions) Regulations 2000, Paragraph 5: Outward transfers


(1) The Secretary of State shall, upon receipt of a notice in writing under section 101F(1) of the 1993 Act (power to give transfer notice) from an eligible member, pay a transfer value in accordance with the provisions of Chapter II of Part IVA of the 1993 Act (requirements relating to pension credit benefit: transfer values) and Part III of the Pension Sharing (Pension Credit Benefit) Regulations 2000 (provision of benefits).
(2) The transfer value referred to in sub-paragraph (1) shall represent the value of the appropriate rights invested under paragraph 2 calculated in accordance with regulation 24 of the Pension Sharing (Pension Credit Benefit) Regulations 2000 (manner of calculation and verification of cash equivalents).

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Source: https://www.legislation.gov.uk/uksi/2000/619/schedule/2/paragraph/5 (the official version)
Page: https://openlegislation.uk/national-health-service-pension-scheme-additional-voluntary-contributions-regulations-2000/schedule-2/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.